Whether issue of limitation can be a subject matter of a recall of a judgment passed by NCLAT? – Arunkumar Jayantilal Muchhala Vs. Awaita Properties Pvt. Ltd. and Anr. – NCLAT New Delhi
Hon’ble NCLAT held that there is no express provision in the IBC or the Regulations/Rules framed thereunder conferring on this Tribunal the jurisdiction to recall its order on the issue of limitation. Strictly speaking, the issue of limitation cannot be a subject matter of a recall application.